China Gold International to Become a Constituent Stock in the Hang Seng Index and Qualifies for Listing on Shenzhen-Hong Kong...
February 20 2018 - 9:30AM
China Gold International Resources Corp. Ltd. (TSX:CGG) (HKEx:2099)
(“
China Gold International Resources” or the
“
Company”) is pleased to announce that it will
become a constituent stock of the Hang Seng Composite SmallCap
Index effective Monday March 5, 2018. The foregoing was
reported by the Hang Seng Indexes Company Limited on February 6,
2018 following its review of the Hang Seng Family of Indexes for
the quarter ended December 29, 2017.
The Hang Seng Index (the
“HSI”), which is viewed as an important gauge of
the Hong Kong stock market, includes the largest and most liquid
stocks listed on the Main Board of the Stock Exchange of Hong Kong.
The Company’s inclusion as a constituent stock in the HSI
demonstrates recognition of the Company’s market capital, stock
liquidity, business performance and financial position.
The Company now qualifies to have its shares
listed on the Shenzhen-Hong Kong Stock Connect, such listing being
subject to the Company passing the qualification examination in
early March 2018.
The Shenzhen-Hong Kong Stock Connect is a
cross-boundary investment channel that connects the Shenzhen
Stock Exchange and the Hong Kong Stock Exchange. Under
the program, investors in each market are able to trade shares on
the other market using their local brokers and clearing houses.
About China Gold International
Resources
China Gold International Resources Corp. Ltd. is
based in Vancouver, BC, Canada and operates both profitable and
growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama
Copper-Polymetallic Mine in Tibet Autonomous Region of the People’s
Republic of China. The Company’s objective is to continue to build
shareholder value by growing production at its current mining
operations, expanding its resource base, and aggressively acquiring
and developing new projects internationally. The Company is listed
on the Toronto Stock Exchange (TSX:CGG) and the Main Board of The
Stock Exchange of Hong Kong Limited (HKEx:2099).
For additional information on China Gold
International Resources Corp. Ltd., please refer to its SEDAR
profile at www.sedar.com or contact Tel: 604-609-0598, Email:
info@chinagoldintl.com, Website: www.chinagoldintl.com.
Cautionary Note About Forward-Looking
Statements
Certain information regarding China Gold
International Resources contained herein may constitute
forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements may include estimates,
plans, expectations, opinions, forecasts, projections, guidance or
other statements that are not statements of fact. Although China
Gold International Resources believes that the expectations
reflected in such forward-looking statements are reasonable, it can
give no assurance that such expectations will prove to have been
correct. China Gold International Resources cautions that actual
performance will be affected by a number of factors, most of which
are beyond its control, and that future events and results may vary
substantially from what China Gold International Resources
currently foresees. Factors that could cause actual results to
differ materially from those in forward-looking statements include
market prices, exploitation and exploration results, continued
availability of capital and financing and general economic, market
or business conditions. The forward-looking statements are
expressly qualified in their entirety by this cautionary statement.
The information contained herein is stated as of the current date
and subject to change after that date.
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